Oireachtas Joint and Select Committees

Thursday, 19 October 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Engagement with the Central Bank of Ireland

9:30 am

Professor Philip Lane:

The Deputy will have seen in our report the average payout for the approximately 3,000 people who have received payouts to date. If one extrapolates the figures from that to the larger number, it is going in the direction the Deputy has indicated. All the redress and compensation schemes have not been processed yet so let us see the final number. However, from what we know now, the indications from the extrapolation are consistent with what the Deputy is saying.

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